Bicycle firms’ owners face tax heat in Ludhiana when Central GST commissionerate (CGST) conducted raids on 16 premises, including 11 factories and 5 homes belonging to 10 bicycle manufacturing companies. After the instructions issued by Ashutosh Baranwal (CGST principal commissioner), around 50 officers and staff of …
During last month, the department has carried out a survey where it was found that some of firms had shown fake addresses and others were found to have submitted fake documents. The Excise and Taxation Department has started the process to cancel GST numbers of 132 …
The GST Council’s decision to impose a 3 per cent GST and 12.5 per cent of import duty, i.e. having total burden of 15.5 per cent on Gold has made not only make jewellery costlier but also lead to a higher incidence of illegal gold trade.It …
Representations were made by MSME sectors claiming that even after sanctions there is a lack of loan disbursal and long delays in settlement of dues by the government departments and PSUs which is affecting their ability to sustain business cycles, liquidity-starved micro, small and medium enterprises. …
Authorities/Regulators/Banks/Others 1. How do Authorities/Regulators/Banks/Others can search UDIN?The UDIN so indicated on certificate can be searched through the search option on UDIN Portal by sharing few details such as Name of the Authority, Mobile Number and Email of the person searching the UDIN. However they are …
Other Audit & Assurance Functions 1. UDIN is mandatory on which types of Reports & Document with effect from 1st July, 2019?As per the decision of the Council taken at its 379th Meeting, UDIN has been made mandatory in following phases: For all Certificates w.e.f. 1st February, 2019. …
Process 1. How to Register on UDIN Portal? To register on UDIN, please follow the below steps: Step 1: Click “Member Registration” or click at “For first time sign up, click here” Step 2: Registration window will be opened. After entering Six-digits Membership No., Date of …
About UID 1. What is Unique Document Identification Number (UDIN)? Unique Document Identification Number (UDIN) is 18-Digits system generated unique number for every document certified/attested by Practicing Chartered Accountants. 2. What is the objective of UDIN? It has been noticed that financial documents/ certificates attested by …
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